February 21, 2011
SUNNYVALE, Calif. -- Juniper Networks (NYSE: JNPR) today announced it has acquired certain assets, including all the intellectual property, of Brilliant Telecommunications, Inc., a supplier of next-generation packet-based, network synchronization equipment and monitoring solutions, for approximately $4.5 million in cash.
The exponential increase in mobile data traffic is placing significant pressure on wireless providers to seek more efficient solutions that enable real-time services delivered across the network. Brilliant Telecommunications’ intellectual property addresses the complex timing and synchronization requirements of today’s networks. It will enable Juniper to extend its market-leading position by delivering solutions that offer greater flexibility for service providers as they continue to deploy 3G and 4G networks.The transaction closed on February 18, 2011.
Juniper Networks Inc. (NYSE: JNPR)
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